🎉 The #CandyDrop Futures Challenge is live — join now to share a 6 BTC prize pool!
📢 Post your futures trading experience on Gate Square with the event hashtag — $25 × 20 rewards are waiting!
🎁 $500 in futures trial vouchers up for grabs — 20 standout posts will win!
📅 Event Period: August 1, 2025, 15:00 – August 15, 2025, 19:00 (UTC+8)
👉 Event Link: https://www.gate.com/candy-drop/detail/BTC-98
Dare to trade. Dare to win.
Former CFTC Chairman Speaks About Bitcoin and XRP! "BTC and XRP are More Than Just a Possibility for the US!"
Former CFTC Chairman Chris Giancarlo, appointed by U.S. President Donald Trump during his previous presidency, spoke about Bitcoin (BTC) and XRP.
Speaking at the XRPL Apex 2025 conference held in Singapore, Chris Giancarlo noted that the idea of the US government issuing crypto-backed bonds is gaining increasing interest.
Bitcoin and XRP: More Than Just a Possibility for the USA!
At this point, Chris Giancarlo stated that the US could issue crypto bonds backed by Bitcoin and XRP, saying that BTC and XRP-backed US crypto bonds are more than just a possibility.
Due to his early support in the industry, Giancarlo, known as the "Crypto Father", stated that the current Trump administration has adopted a significantly different approach to digital assets than its predecessors and recognizes their long-term value.
At this point, Giancarlo pointed out that in recent years federal agencies have generally sold the cryptocurrencies they seized and said, "This strategy changed during the Trump administration. The administration now believes that holding digital assets can strengthen the U.S. financially."
Giancarlo stated that he supports the strategic Bitcoin reserve, arguing that the BTC sales represent a significant loss for the US.
As is known, President Donald Trump signed an executive order in March to establish a Strategic Bitcoin Reserve containing over 200,000 BTC, currently worth more than approximately $22 billion. These assets were seized through criminal and legal forfeitures and will be held as long-term assets, similar to gold.
Trump also launched a Digital Asset Inventory to hold other altcoins such as Ethereum (ETH), Solana (SOL), Cardano (ADA), and XRP alongside Bitcoin.
*It is not investment advice.
Follow our Telegram group, Twitter account, and Youtube channel for exclusive news, analyses, and on-chain data! Also, start live price tracking immediately by downloading our Android and IOS applications!